Asia·Aug 10, 2026
Midea Ships 200,000 Portable Air Conditioners to Europe in Six Months
Chinese home appliance maker doubles previous year's total as European heat drives demand for no-installation cooling units
By Cheng Wei-Lun · 3 min ·
Every BriefAsia story tagged Home Appliances, newest first.

Chinese home appliance maker doubles previous year's total as European heat drives demand for no-installation cooling units

The Seoul-based home appliance maker's operating profit rose 13.9% to $1.02 billion in the first half, driven by premium product demand and expanding rental accounts across the region

The Korean conglomerate reported operating profit of $1.1 billion, up 147 percent year-on-year, with its home appliance division surpassing 7 trillion won in quarterly revenue for the first time.